Free Enterprise System
a person who starts a business or purchases an existing business
Entrepreneur
movement of money in and out of a business is
cash flow
what determines who has control of a business and has decision-making power
Capital structure
Oscar and his fellow business partners are successful they most likely follow
five P's of Entrepreneurship
Who was the creator of Microsoft
Bill Gates
The central focus of all businesses is
Profit
What can help analyze if an idea is feasible for a business
Market research
Money invested in a business by investors who form partnerships
Angel Investors
I am looking for advice on starting a business I should look for a
mentor
who created Disney
Walt Disney
______ are necessary to preform the required work-related tasks of a position
Job-specific skills
the founders of a business and their roles should be explained in a
mission statement
If someone buys capital into business in exchange for a percent of ownership in the business its called
equity financing
Sammy writes a statement of goals and objectives for his business, this is an example of a
Business plan
Apple is in business because of whom
Steve Jobs
foundation skills are also known as
Transferable Skills
the 3 start-up strategies entrepreneur can choose from
start a new business, purchase an existing business, or buy a franchise
Someone investing money in a business who form partnerships is called
venture capital
Danny has to learn skills for his job this is called
skills of the trade
google was founded by
Larry Page
Honesty, competence, and self-confidence are qualities of
Effective Leadership
Once the business idea is established and the startup strategy is underway what should be written
a business plan
a businesses property is considered
an asset
Prince has a business but it is running low on money and he has a lack of an experience, what will most likely happen
His business will fail
Entrepreneur that founded 7/11 is named
Joe. C. Thompson